Beijing: Chinese Foreign Ministry on Friday refused to join issue with India over its assertion to go ahead with oil exploration cooperation with Vietnam in the South China Sea despite Beijing's objections, but an influential official daily said the move constituted "serious political provocation" and should be "resolutely stopped".
Chinese Foreign...

Mangalore: The first shipment of crude oil from the Sakhalin oil fields in Russia was received on Saturday by Minister of Petroleum and Natural Gas Murali Deora.
The consignment of 92,055 tonnes (672,000 barrels) of Sokol crude oil sailed from Dekastri port in Russia November 14 on board M K Viktortinov,...

New Delhi: Staterun Oil and Natural Gas Corporation Ltd (ONGC) will ship its first ever crude oil from Russia's SakhalinI project to Mangalore in the first week of December and will sell two other cargoes to ExxonMobil of US.
"Our entitlement from SakhalinI is three parcels of 700,000 barrels each in...